Question: Using Table 3, develop a 3-month weighted moving average forecast for Melinda Garden Store. Use a weight of 2 for the oldest data (or value),
Using Table 3, develop a 3-month weighted moving average forecast for Melinda Garden Store. Use a weight of 2 for the oldest data (or value), 4 for the next value (or middle value), and 6 for recent data (or value). Table 3. Melinda Garden Store Shed Sales What is the value for next January forecast (Weighted Moving Average) for Melinda Garden Store? "Note: Round January forecast to two decimal places
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